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Avadel Pharmaceuticals and Jazz Pharmaceuticals Reach Global Settlement
Globenewswire· 2025-10-22 10:30
DUBLIN, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Avadel Pharmaceuticals plc (Nasdaq: AVDL), a biopharmaceutical company focused on transforming medicines to transform lives, today announced the global settlement of all litigation with Jazz Pharmaceuticals Inc. (“Jazz”). Under the primary terms of the settlement agreement, Avadel and Jazz will dismiss their respective lawsuits with prejudice. Furthermore, Jazz agrees to grant Avadel the following: A perpetual, worldwide license to any past, present, or future paten ...
Why music rights violation is a much bigger risk to a film than thought
MINT· 2025-10-07 00:30
The legal battle between composer Ilaiyaraaja and the makers of Tamil film Good Bad Ugly has brought the spotlight back on the risk to the wider exhibition or streaming of movies even if one aspect of production, such as the music, violates intellectual property rights. The Madras High Court last month restrained Mythri Movie Makers from using Ilaiyaraaja’s songs in the movie. Earlier in April, the music composer had sent a legal notice to the producers for using three of his songs in the film without conse ...
Netlist Files Legal Action Against Samsung in the U.S. International Trade Commission
Accessnewswire· 2025-09-30 12:00
Contact Us Back to the Newsroom Netlist Files Legal Action Against Samsung in the U.S. International Trade Commission Tuesday, 30 September 2025 08:00 AM Topic:Â The ITC is an independent, non-partisan agency that investigates and makes determinations against unfair acts in the import trade that violate U.S. intellectual property rights. ITC investigations proceed on an expedited basis, commonly progressing to trial within a year. Netlist is represented by Sterne Kessler Goldstein & Fox, with the legal team ...
Global Markets React to AI Innovations, Trade Tariffs, and European Debt Woes
Stock Market News· 2025-09-29 20:08
AI and E-commerce - OpenAI and Stripe have launched "Instant Checkout" in ChatGPT, allowing U.S. users to purchase products directly from Etsy (ETSY) and soon from over a million Shopify (SHOP) merchants, creating a new sales channel and revenue stream for OpenAI [3][7] - Following the announcement, shares of Etsy and Shopify saw an uptick, with Shopify experiencing a 2.5% rise in after-hours trading, indicating market optimism for AI-driven commerce [3][7] Intellectual Property and Creative Industries - OpenAI's new Sora video generator will require copyright holders to opt out if they wish to prevent their copyrighted material from being used in generated videos, raising significant discussions around intellectual property rights in creative industries [4][7] Corporate Leadership Changes - CSX Corporation (CSX) appointed Steve Angel as its new President and CEO, effective September 28, 2025, amidst activist investor pressure, while maintaining its full-year volume growth expectations [5][7] U.S. Pharmaceutical Tariffs - The U.S. will impose 100% tariffs on imported branded and patented pharmaceutical products starting October 1, 2025, with exemptions for companies building manufacturing plants in America, potentially leading to higher drug prices and supply chain reconfigurations [6][7] France's Economic Challenges - France's debt-to-GDP ratio is projected to reach 116.0% in 2025 and 118.4% in 2026, with a budget deficit forecast at 5.6% of GDP for 2025, highlighting significant economic pressure and political instability [8][7]
InterDigital awarded injunction against Disney
Globenewswire· 2025-09-11 08:30
Core Points - InterDigital has been awarded a preliminary injunction against Disney by a Brazilian court for patent infringement related to AVC and HEVC video coding technology [1][2] - An independent expert report supported InterDigital's claims that Disney infringed the patents and confirmed that InterDigital does not have a RAND obligation for the asserted encoder claims [2] - The Chief Legal Officer of InterDigital emphasized the importance of the decision for fair value from Disney's use of their technology, which is crucial for the streaming industry [3] Company Overview - InterDigital is a global research and development company focused on wireless, video, AI, and related technologies, providing foundational technologies for various communication and entertainment products [4] - The company licenses its innovations to a wide range of industries, including wireless communications, consumer electronics, IoT devices, and cloud-based services like video streaming [4] - Founded in 1972 and listed on Nasdaq, InterDigital has a strong history in wireless technology and video processing, with significant AI research efforts [4]
Cerence AI Files Patent Infringement Suit Against Apple
Globenewswire· 2025-09-04 21:15
Core Viewpoint - Cerence Inc. has filed a patent infringement lawsuit against Apple Inc. in the United States District Court for the Western District of Texas, aiming to protect its intellectual property rights related to its innovative technologies [1][2]. Company Overview - Cerence Inc. is a global leader in conversational AI-powered user experiences, with a strong portfolio of patents developed over decades of research and development [2][4]. - The company has shipped over 525 million cars equipped with its technology, partnering with leading automakers, transportation OEMs, and technology companies [4]. Patent Infringement Details - The lawsuit against Apple involves specific Cerence technologies, including text input and recognition, as well as voice command monitoring, which are utilized in Apple's products [2]. - Cerence emphasizes its commitment to defending its intellectual property rights to safeguard its significant investments in research and development [3]. Leadership Statement - Jennifer Salinas, Chief Administrative Officer & General Counsel of Cerence, stated the company's dedication to enforcing its intellectual property rights to protect its innovations and investments [3].
News Corp CEO Robert Thomson slams AI firms for stealing copyrighted material like Trump's ‘Art of the Deal'
New York Post· 2025-08-06 21:22
Core Viewpoint - News Corp CEO Robert Thomson has called for the White House to take action against AI companies that are allegedly using copyrighted material without permission, highlighting the impact on authors and publishers, including President Trump's works [1][4][5] Group 1: AI and Copyright Issues - Thomson criticized AI firms for "cannibalizing" copyrighted works, specifically mentioning Trump's book "The Art of the Deal," which he claims has been exploited by AI systems [1][4] - The lawsuit against Meta involved over 190,000 protected works, including Trump's book, raising questions about the fairness of creators being deprived of their rights [2][4] - News Corp is suing AI startup Perplexity for allegedly stealing content to train its language model, emphasizing the need for AI companies to compensate content creators [5][17] Group 2: Economic and Competitive Concerns - Thomson warned that the practices of AI firms could undermine America's competitive edge, which relies on creativity and innovation rather than just technology [6] - He urged AI companies to allocate a portion of their substantial investments in infrastructure towards compensating content creators, highlighting that they are spending tens of billions on data centers and chips [10][9] - News Corp reported a profit of $648 million and announced a $1 billion stock buyback, indicating strong financial performance amidst these challenges [16] Group 3: Long-term Implications for Content Quality - Thomson expressed concerns about the long-term health of the content ecosystem, arguing that AI companies should support diverse and reliable sources of information rather than creating a "deeply derivative" system [13][12] - He noted that audiences are seeking profound and purposeful content, which could be jeopardized by the current practices of AI firms [13] - News Corp has been vocal in demanding compensation from AI firms for the use of their content, indicating a proactive stance in protecting intellectual property rights [14][18]
窃取华为芯片技术!前海思14名员工被判刑,罚款超千万
Core Viewpoint - The Shanghai Third Intermediate People's Court ruled in favor of Huawei in a case against Zunpai for infringing on Huawei's trade secrets, resulting in prison sentences for 14 former Huawei employees and a total fine of 13.5 million yuan [1] Group 1: Legal Proceedings - The court sentenced 14 former Huawei employees, with 5 receiving prison terms, including the ringleader who was sentenced to 6 years [1] - The case involved the illegal acquisition of Huawei's chip technology by former executives who established a competing company after leaving Huawei [1] - The infringing technology was found to have over 90% similarity to Huawei's trade secrets across 40 technical points [1] Group 2: Company Background - Zunpai Communications Technology (Nanjing) Co., Ltd. was founded by Zhang Kun, a former Huawei employee, who aimed to develop "domestic Wi-Fi 6/7 chips" [1] - The rapid product development of Zunpai raised suspicions due to its similarity to Huawei's internal projects [1] Group 3: Financing and Investment - Zunpai completed over 300 million yuan in financing within its first year, with significant investments from notable firms including Xiaomi Group and various venture capital institutions [2] - Xiaomi clarified its role in Zunpai's financing, stating it was a normal financial investment and not involved in management or technology collaboration [3]
India Commerce Minister on Trade Talks, Economy, Visas
Bloomberg Television· 2025-07-24 19:14
Trade Agreements & Investment - Indian businesses are very excited about the free trade agreement with the UK and the double contribution convention [1] - Investments flowing from India to the UK are higher than the other way around, and the agreement is expected to encourage greater investments due to a stable and predictable business environment [2] - The agreement is seen as a milestone and historic achievement that will help redouble trade and grow jobs in both countries [3] - Many sectors are considering the UK as a potential hub for goods and services [4][5] - India has concluded free trade deals with Australia, the United Arab Emirates, and Mauritius, and is in active dialogue with the US, Peru, and Chile [22] Intellectual Property Rights - India was wrongly classified as having problems with its patent and IP regime, but good discussions with pharma companies and stakeholders have addressed concerns [7] - India has issued nearly 160,000 patents in the last two years and has created a trusted atmosphere with fast-track clearances [8] - India now has a robust intellectual property rights chapter with Switzerland and the UK [8] Trade Negotiations & Relations - Trade negotiations are ongoing with the United States, the European Union, and New Zealand [12] - There are no sticking points in the trade relationship or negotiations with the United States, and good progress is being made [14] - India stands for fair play and is looking to achieve open trade with all trading partners who give equal access to Indian goods and services [15][16] - Free trade agreements are not about immigration, but about free trade in goods and services [10][11]
Murdoch-Controlled News Corp. Re-Ups CEO Robert Thomson Through 2030
Deadline· 2025-06-23 02:12
Group 1 - Robert Thomson has been reappointed as CEO of News Corp for another five years, extending his tenure through June 2030 [1] - News Corp's portfolio includes notable subsidiaries such as the Wall Street Journal, Dow Jones, and HarperCollins [1] - The company has experienced its four most profitable years under Thomson's leadership [4] Group 2 - The Murdoch family previously explored a merger between News Corp and Fox Corp, but the effort was abandoned in 2023 due to resistance from influential shareholders [2] - Thomson has made strategic investments in growth areas like Dow Jones, Digital Real Estate Services, and Book Publishing [3] - The company has recently sold Foxtel to DAZN and established partnerships with tech platforms, including OpenAI [4]